Red-circling occurs when an employee's salary surpasses the maximum value of the pay range assigned to their role. This situation is typically due to reasons such as long tenure, high performance, a lack of career progression opportunities, or simply an outdated or evolving pay range
Creating a compensation strategy can ensure a consistent and business aligned approach to managing your employees pay. In this article, we walk through the key steps in developing a compensation stratgey.
Job architecture refers to the structured framework within an organization that defines and organizes roles, levels, and career paths. It provides a way to systematically categorize jobs based on skills, responsibilities, and qualifications, creating a hierarchy that aligns with the organization's goals and compensation structures. We cover how to take on such projects in this article.